Looming protests cast shadow over Nigeria’s economy

The planned nationwide protest against the worsening economic conditions in Nigeria slated to begin on August 1 has triggered a series of reactions both domestically and internationally.
Security advisories issued by the United States, the United Kingdom and Canada underscored the growing concerns about potential unrest.
These advisories, citing past incidents, have warned foreign citizens to avoid areas where protests might occur and highlighted the fear of escalating violence and civil disturbances.
In the security advisory published on its website on Friday, the US Mission in Abuja advised Americans to avoid getting caught in the rallies.
The advisory counselled them to avoid crowds and demonstrations and monitor local media for updates.
It read: “According to media reports, nationwide protests may occur in Nigeria between July 29th and August 5th, 2024. Based on past occurrences, protests may involve roadblocks, checkpoints, traffic congestion and physical confrontations. No specific times or locations have been identified for potential protests at this time.
“Actions to take: Monitor local media for updates; avoid crowds, avoid demonstrations, be aware of your surroundings, review your personal security plans and keep your cell phone charged in case of emergency; carry proper identification.
“The consular sections of Embassy Abuja and Consulate General Lagos will remain open during regular business hours and consular services will be provided as scheduled.”
Similarly, the UK High Commission said the protests could occur between July 29 and August 10 in Abuja, Lagos and other large cities.
The advisory read: “Political rallies, protests and violent demonstrations can take place with little notice. Get advice on areas to avoid.
“Take care if you’re visiting crowded public places or attending events which attract large crowds. If you see a threatening or intimidating situation, do not try to make your way through it. Turn around and move to safety.
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“Incidents of inter-communal violence occur frequently and often without warning throughout Nigeria. Although foreign nationals are not normally targeted, there is a risk you could be caught in an attack. Monitor local government announcements and media reporting.”
The Canadian government equally alerted its citizens in Nigeria about the demonstrations, which it said could disrupt traffic and public transportation and “turn violent at any time.”
“Nationwide demonstrations are planned between July 29 to August 5, 2024. They could disrupt traffic and public transportation and could turn violent at any time.
“If you’re in Nigeria, expect a heightened security presence, remain vigilant at all times, avoid areas where demonstrations and large gatherings are taking place, follow the instructions of local authorities, monitor local media for information on ongoing demonstration.”
Domestically, the spectre of looting has cast a pall over the business community.
Traders in major cities have expressed concerns about the safety of their properties and have called for increased security measures.
The anticipated economic fallout from the protests is also a major worry as businesses brace for potential disruptions to supply chains and operations.
The government, on its part, is walking a tightrope.
While acknowledging the citizens’ right to protest, it is also under pressure to maintain law and order.
The recall of riot police to key locations is indicative of the security apparatus’s preparedness for potential confrontations.
A memo dated July 25, 2024 and signed by CSP Okon Moses directed the withdrawal of riot policemen ahead of the protest.
The message titled: “Notification of temporary withdrawal of personnel for national assignment,’ read, ‘’In view of the planned nationwide protest, it becomes imperative to temporarily withdraw some of the personnel attached to you in order to muster sufficient officers to dominate the public space.
“This is part of the proactive necessary measures to enhance the operational capacity/capability of the squadron and your understanding in the above regard is highly solicited.’’
The situation underscores the deep-seated economic challenges facing Nigeria. With the cost of living soaring and unemployment rising, public discontent is palpable.
The recent experience in Kenya where number of people had been killled in a similar protest by the citizens in East Africa’s biggest economy explained why many have called for restraint on the part of people behind the protests.
It nevertheless serves as an expression of discontent by the citizens and the government’s response would be crucial in determining if it would have a far-reaching effects on the country.
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